return2ozma@lemmy.world to Personal Finance@lemmy.mlEnglish · 4 months agoCar Repossessions Surge 23% as Americans Fall Behind on Paymentswww.bloomberg.comexternal-linkmessage-square38fedilinkarrow-up155arrow-down10file-text
arrow-up155arrow-down1external-linkCar Repossessions Surge 23% as Americans Fall Behind on Paymentswww.bloomberg.comreturn2ozma@lemmy.world to Personal Finance@lemmy.mlEnglish · 4 months agomessage-square38fedilinkfile-text
minus-squaresugar_in_your_tea@sh.itjust.workslinkfedilinkEnglisharrow-up4·edit-24 months agoExactly. Auto loans are relatively short-term, and you’re probably more likely to default relatively early into the loan than later, esp. since you would no longer be upside-down later on.
Exactly. Auto loans are relatively short-term, and you’re probably more likely to default relatively early into the loan than later, esp. since you would no longer be upside-down later on.